Exhibit 99.22

MBNA MASTER CREDIT CARD TRUST II

SERIES 1996-L

KEY PERFORMANCE FACTORS
MAY, 1997



Expected B Maturity 12/15/99


Blended Coupon 5.8819%



Excess Protection Level
3 Month Average 4.86%
May, 1997 4.51%
April, 1997 4.13%
March, 1997 5.93%


Cash Yield 17.28%


Investor Charge Offs 4.53%


Base Rate 8.24%


Over 35 Day Delinquency 4.38%


Seller's Interest 15.43%


Total Payment Rate 12.75%


Total Principal Balance $ 27,132,480,390.99


Investor Participation Amount $ 500,000,000.00


Seller Participation Amount $ 4,186,442,872.50